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3903 7th Avenue, Brooklyn, NY 11232

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For Sale

$1,990,000

2,448 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • $812.91
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Prime NEWLY RENOVATED, TURNKEY MIXED-USE PROPERTY located in the heart of Sunset Park, offering stable commercial income and residential living. The BRICK HOUSE underwent a GUT RENOVATION IN 2017. The first-floor retail space is currently leased at $3,100 per month with a 3% annual rent increase, ensuring steady cash flow from day one. Projected rental income totals approximately $8,500 per month ($102,000 annually), with the first floor including basement storage estimated at $4,000/month, and the second-floor unit projected at $4,500/month. Excellent potential for strong cap rate return. The second floor features a bright and spacious 5-bedroom, 2-full bath, and one-half bath apartment with an open-concept living room and kitchen ideal for owner-occupancy or generating additional rental income. The basement has convenient front and rear entrances and includes a half bathroom, offering flexible options for storage or other uses. Each unit is equipped with separate boilers, hot water heaters, and tenants are responsible for their own utilities, ensuring lower operating costs. This well-maintained, move-in-ready property presents an exceptional investment opportunity in a high-demand location. Don t miss out on this rare chance! Schedule a private showing today to secure both future appreciation and stable returns.
MLS# 493863

Courtesy Of Womcore LLC dba Remax Edge

(718) 612-3088

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Exterior Type
    Brick
  • Floor Covering
    Hardwood, Tile
  • Heating System
    Baseboard, Steam
  • Lot Size
    0.03 Acres

Map and Directions

Directions to 3903 7th Avenue, Brooklyn, NY 11232

Home seller CENTURY 21 Awaye Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Awaye Realty

(718) 488-0800
Learn More About Us

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Copyright © 2025 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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